Tech Mahindra Q2 FY27 Results: Consolidated Revenue Rises 15.6% To ₹16,180 Crore, EBIT Jumps 40.5% Year-On-Year
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Tech Mahindra reported Q2 FY27 consolidated revenue of ₹16,180 crore, up 15.6% year-on-year, while net profit rose 32.7% to ₹1,586 crore. The board announced a ₹15 interim dividend and also recommended a 1:1 bonus issue.
Tech Mahindra Limited's consolidated revenue increased 15.6% year-on-year to reach ₹16,180 crore from ₹13,995 crore. Profit after tax (PAT) increased 32.7% to ₹1,586 crore, compared with ₹1,195 crore in the corresponding quarter last year.
Earnings before interest and tax (EBIT) rose 40.5% to ₹2,387 crore, while the EBIT margin expanded by around 260 basis points to 14.8%. Alongside its results, the company declared an interim dividend and recommended a bonus share issue.
The Tech Mahindra share price climbed 4.75% to close at ₹1,650 on 15 October 2026 on the National Stock Exchange (NSE).
Tech Mahindra Q2 FY27: Consolidated Financial Highlights
Tech Mahindra Q2 results also showed revenue increasing 3% quarter-on-quarter. PAT rose 8.2% from ₹1,465 crore in Q1 FY27. The company’s constant-currency (CC) revenue growth stood at 7.2% year-on-year and 2.4% quarter-on-quarter.
New deal wins reached $1.023 billion, up 25.4% year-on-year. The company reported free cash flow of $135 million and cash and cash equivalents of ₹7,330 crore at the end of the quarter. Its workforce stood at 152,206 employees, with last-twelve-month IT attrition at 11.7%.
What Did Tech Mahindra Announce For Shareholders?
The company declared an interim dividend of ₹15 per equity share. Friday, 23 October 2026, is set as the record date, and payment is scheduled by 13 November 2026.
The board also recommended a 1:1 bonus issue, subject to shareholder approval and applicable requirements. Eligible shareholders would receive one ₹5 bonus share for every existing ₹5 equity share held. The record date will be announced separately.
What Did Management Say About Business Performance?
Chief Executive Officer and Managing Director Mohit Joshi said deal wins had exceeded $1 billion in each of the previous four quarters, reflecting customer relationships and sustained business momentum.
Chief Financial Officer Rohit Anand said margins had expanded for the twelfth consecutive quarter. He also highlighted continued investment in artificial intelligence (AI) to improve productivity, support innovation and build future capabilities.
The company launched its Zero Gravity Telco Architecture for AI-native telecom operations and announced a strategic partnership with SpaceXAI for AI-powered software engineering. It also partnered with I-HUB Quantum Technology Foundation to advance indigenous quantum computing capabilities and launched the Indus Terra educational large language model with Nvidia and AWS.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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